Why Businesses Pursue Equipment Loans
Many businesses require at least one type of equipment in order to function. Unfortunately, purchasing equipment can be expensive, and you might not have the money on-hand to afford it. That’s where business equipment loans come in. With this financing product, you can receive a loan to put towards your equipment purchases. You do not need to waste time on outdated and in-operable equipment.
Use an Equipment Loan for:
- Repair existing equipment that’s broken or outdated.
- Purchase new equipment models.
- Upgrade equipment.
- Lease necessary equipment.
- Repay the financing on-time, which can improve your business and personal credit scores.
- With improved equipment, your operations will likely flourish!
Here are the industries that most frequently use 1st Business equipment financing:
- Agriculture
- Auto Repair
- Beauty & Wellness
- Business Services
- Chiropractic
- Cleaning Services
- Construction/Contractor
- Daycare
- Dental Practice
- Electrical
- Food Trucks
- Gardening & Landscaping
- Gym & Fitness
- Healthcare/Medical
- MHVAC
- Plumbing
- Real Estate
- Restaurant
- Retail
- Trucking
Equipment Financing – Simplified
Apply NOW!
Applying for equipment financing from 1st Business Finance is Easy.
*Complete our online application
*Upload your vendor invoice at the end of the application
*Once your package has been submitted- Equipment finance specialist will be in touch.
*Upon approval, your finance specialist will work with you to establish a payment amount and plan that works best for your business